Forbes magazine has published its list0 traditional figure of the most fortunate figures on the planet. The surprise (if it is one) was to discover the name of Ripple's boss in 383rd place, which accentuates the influence of his XRP cryptocurrency in the global economy.
Cryptocurrency, a source of modern wealth
Estimated at $ 2.1 billion, Chris Larsen's fortune promises to be a revolution in modern economic dynamics . While all of the personalities listed in the top 400 seem to be dispersing into traditional investments, the nature of Larsen's wealth is quite prodigious, as the basis of this value lies in recent technology.
Cryptocurrency has become a very productive ecosystem in a few years thanks to Blockchain and its involvement in international finance . Moreover, a report by Credit Suisse announced that 1% of the wealthiest people in the world held more than half of the world's wealth by evoking the phenomenal potential of this technology.
An unstable wealth
It is undeniable that crypto-currencies can make users opulent through a fluctuation of the market. However, this rebounding feature is not very secure to guarantee immutability to funds held.
If we take the example of Bitcoin, which went from $ 10,000 to $ 6,000 (still unstable) in a few months, we can deduce that a holder of 10 tokens can become twice as rich or poorer in record time. . To this end, Larsen's place in the Forbes ranking is not very revealing, especially since Forbes has already estimated this wealth at the beginning of the year with a value of $ 37 billion to fall to 2, 1 billion. In the end, crypto-currencies are certainly sources of undeniable gain, but their volatilities (with the exception of stablecoins ) do not allow them to guarantee a sustainable financial situation.
What do you think of this Forbes list? Do you think that cryptocurrency will upset the trend of fortune in the future? React in the comments section.
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